Quote from: CoinMoon on January 08, 2018, 09:47:49 AM

I personally dont have much hope in Ripple. It is simply being bought up by newbies because its "cheap" and they will sell it as soon as it loses value and the next "best" coin gets pumped. Its a worthless token with over 38,000,000,000 (38 billion) tokens for sale. Talk about SUPPLY outdoing DEMAND. No reason to hodl ripple, it will continue its decent to hell (sub $1). Mark my words Sad

purely by volume ratio approx 500 ripple would be equal to 1 bit coin even taking 100B supply into account. By that value right now ripple has around 1500$ for 500 xrp. which is still less than 1/10 of bitcoin value but more valuable than other coins bar bch and btc.

So if bitcoin value is going to keep rising as it does and people continue to get ripple cause its cheaper it can easily bounce up in price a lot.